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Wednesday, Nov 29, 2023
MARC Ratings has affirmed its rating of AA- on STM Lottery Sdn Bhd’s RM800.0 million 15-year Medium-Term Notes (MTN) Programme with a stable outlook. The rating affirmation considers STM Lottery’s entrenched domestic market presence as a number forecast operator (NFO), well-established operating track record and strong cash flow generation relative to its debt obligations. Operating in th...

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Tuesday, Dec 20, 2022
MARC Ratings has affirmed its rating of AA- on STM Lottery Sdn Bhd’s (formerly known as Sports Toto Malaysia Sdn Bhd) RM800.0 million 15-year Medium-Term Notes (MTN) Programme with a stable outlook.STM Lottery’s entrenched domestic market position as a number forecast operator (NFO), its lengthy operating track record and strong cash flow generating ability relative to debt obligations remain ...

This article has been viewed 333 times.